PD-4.2 PD-4.2 Disclosure of base rate of interest on overdrafts and short-term loans
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
PD-4.2.1
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
The content of this Section is applicable to all retail banks licensed by the Central Bank.
October 07PD-4.2.2
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
The Central Bank requires all retail banks to display, by a conspicuous notice, their
base rate of interest on BD overdrafts and short-term revolving facilities to commercial customers. For a definition of 'conspicuous notice', refer to Section PD-4.1.October 07PD-4.2.3
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
Retail banks are left free to decide their own
base rate and to make changes to it as they consider appropriate.October 07PD-4.2.4
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
Retail banks must display a list of current charges including any standard charges and commissions that will be applied by the bank to individual services and transactions. See Section BC-4.1 for further details.
October 07
